on Continental AG (ETR:CON)
Continental AG Plans ContiTech Independence
Continental AG announced a strategic decision to make the ContiTech group sector independent. This decision, disclosed under Regulation (EU) No 596/2014, marks a significant shift in the company's structure.
The Executive Board's preliminary phase involves analyzing potential transaction forms for ContiTech's independence. A sale is considered the most likely strategic option. This move follows the recent spin-off of the Automotive sector and the sale of the Original Equipment Solutions business.
Subject to necessary resolutions, ContiTech's independence could be achieved in 2026. These developments are part of Continental's broader strategy to streamline operations and focus on core business areas.
R. H.
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